Imagine your daily strife without proper investments. You will slave away at a 9 to 5 job until retirement, maybe a few raises with possibly a promotion or two. You'll buy a house, then a car, perhaps raising children down the road, go for vacations once in a blue moon, and try to enjoy your productive life as much as possible.
If you do not start investing during your best years, you'll have to live off retirement pensions provided by the government which normally runs out quickly no matter how thrifty you are. Even if you have earned a substantial amount and saved it in the bank, you won't be able to enjoy your savings well into retirement.
Optimistically speaking, let's assume you are able to save 100 EUR every month for 26 years (factoring in the time it might take to secure housing, children, etc.) In this case, you will be able to save approximately 31,000 EUR in 26 years. If you would like to spend your pension money and 350 EUR of your savings per month, you would run out of money in approximately 7 years. Additionally, if you decide to retire at the age of 65, you can do the math for which age you will start solely depending on government pensions.
Ideas on what can be done to have a happier retirement while being able to diversify the current state of your life might be popping up in your mind right now.
Each platform we offer has its own merits, you may favor one over the other based on your
preferences. Be it the classic MetaTrader4 that is trusted by most traders, or the modern cTrader
that opens up more possibilities for your investments.
Equipped with the most convenient trading tools, they enable
traders of all levels of expertise to make the best decisions.
Whether you prefer trading from your work desk or the couch,
we have three different ways for you to trade in optimized comfort.
Simple, intuitive, and includes all the necessary inbuilt tools.
Impeccable user-interface, advanced functionalities, and multiple indicators.
Follow the steps below to deposit funds into your trading account.
1 Log in to your GTL account.
View screenshot
2
Next to your account in the dashboard area,
click "add funds".
Follow the steps below to deposit funds into your trading account.
1 Log in to your GTL account.
View screenshot2 Then go to "Deposit Funds" where you can select your preferred method.
View screenshotSince we are strictly regulated and bear responsibility for holding your funds, we need you to upload a proof of identity and a proof of residence as listed below in order to start trading.
Proof of Identity
1 Proof of Identity
A scanned colored copy of your passport, national identity card, or driving license. Your personal details including serial number, picture, signature, date of issue, and expiry dates must be clearly visible.
Proof of Residence
2 Proof of Residence
A proof of residence in your name (not older than 3 months) that can be any document with your actual address, i.e. bank statement, utility bill (electricity, gas, water, landline, telephone), credit card statement, official residency certificate, or rental agreement.
You don't need to physically own a scanner, the simple solution is within your hands all along.
1 Simply go to Google Playstore/ App Store and download Adobe Scan.
2 After installation, open the app, tap on the camera icon.
3 Make sure all four corners of the documents are visible for the camera, it will automatically detect the document and snap a picture.
4 Adjust the frame and press continue, click on the thumbnail of photo taken and tap on Save PDF.
5 Tap on Share and upload the scanned image to your preferred mode of communication.
It’s critical to know what you have to work with,
trade smart by keeping these pointers in mind.
Going long (BUY) - the trader is buying a particular financial instrument because there is an expectation that it would rise in value.
Going short (SELL) - the trader sells a security with the hopes of repurchasing it or covering it later at a lower price.
CFD - stands for Contract for Difference, and is a form of derivative trading. CFDs allow investors to speculate on the rising or falling prices of many instruments.
Margin - allows you to open a position while paying for only a fraction of its total cost so that you can trade leveraged securities.
Leverage - the use of borrowed capital to magnify investments on financial assets, meaning if the market moves in their favor the profits will be multiplied.
Take Profit - (T/P) is a type of limit order that specifies the exact price at which to close out an open position for a profit when a specified profit level is reached.
Stop Loss - (S/L) is an order placed with a broker to buy or sell a security when it reaches a certain price and used to prevent investor losses when the price of a security drops.
Equity - typically shareholders’ equity, represents the amount of money that would be returned to a company’s shareholders if all of the assets were liquidated and all of the company’s debt was reimbursed.
Shareholders’ Equity = Total Assets − Total Liabilities
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Last but not least, here is some war wisdom for those who have made it this far.
Apply it in your trading life if you wish to make a difference!
Dating back from 5th century BC, these pearls of wisdom from this legendary military
strategist and philosopher still applies, even to the modern trading world today.
1. Be like water. Water shapes its course according to the nature of the ground over which it flows
When traders defend their market assumptions as if it’s their treasure, it reveals their vulnerability. Don’t be too rigid, be flexible like water.
2. Advance without coveting fame and retreat without fearing disgrace. Have your only thought be to protect he country and do good service for the sovereign.
Don’t focus on the profit or loss of money. Concentrate on playing the game well and money will be the by-product of trading skillfully.
3. The supreme art of war is to subdue the enemy without fighting. By accepting how the market develops instead of fighting against it, traders will find more freedom by going with the flow.
4. To lift an autumn hair is no sign of great strength; to see the sun and moon is no sign of sharp sight; to hear the noise of thunder is no sign of a quick ear.
Observe more than what is being presented to you. Look beyond what you see.
5. There are not more than five primary colors (blue, yellow, red, white, and black), yet in combination, they produce more hues than can ever be seen.
Keep trading simple. By understanding the basics, the possibilities are endless.
Trade wisely, and it might be the best financial choice you have ever made.